$ETH
Currently, the Ethereum trend is quite strong, with the price firmly hovering above the critical threshold of bulls and bears. If the market can stabilize, it will aim for 1900:
Key resistance level:
1865 is the first hurdle; if it stabilizes, we will look directly at 1910 (both of these positions are previous areas of heavy selling). If 1910 breaks again,
the next level will be the 1950-2000 range (but don't think too far ahead yet).
Support level to watch closely:
1800 is the current bottom line; if it breaks, quickly reduce positions. 1750 is the iron bottom.
If it falls to this level, it has rebounded 3 times. If it really collapses to 1680,
then just close your computer and go to sleep.
If this position breaks again, there will really be no hope.
In summary, maintain a good mindset; the current overall trend is positive. Basically, there are mostly favorable news, and it will depend on how the upcoming data releases affect the trend!
During this time, I will continue to observe the trend direction, combining the influence of the evening US stock market for entry operations. If you want to keep up with Brother Liang, follow me for good strategy sharing!
